By Mars Woo
The Israeli health tech startup is developing new patient and disease management solutions using machine learning.
ELSA is a mobile app that uses artificial intelligence and speech recognition technology to help learners improve their English pronunciation.
Electrify claims to have received pledges of over $1.3 billion.
The funding round was joined by return backers Hanwang Technology, Yahui Medical Fund, and Chengdu Deshang Qidian Equity Investment Fund.
The investment from Cisco Investments, the corporate venture arm of the US-based firm, comes a month after the firm invested in Stellaris Ventures Partners.
Other Singapore AI startups to recently raise funding include Active.Ai and Taiger.
The round was led by Accel and joined by CapitalG, Kleiner Perkins Caufield & Byers, Earlybird’s Digital East Fund, Credo Ventures, and Seedcamp.
Nucleai is currently developing an artificial intelligence-based system that assists pathologists in the diagnosis of diseases like cancer in a more efficient manner.
Sequoia had first invested an undisclosed amount in the Finova’s Series A round in late 2017.
Xingyuan Automotive has raised $79 million in a Series A round of funding led by Qiangwei Holdings, and Guoxing Fund.